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Thursday, January 13, 2011

Mortgages stall on mixed economic news

The benchmark 30-year fixed-rate mortgage remained unchanged, at 4.94 percent, according to the Bankrate.com national survey of large lenders. The mortgages in the survey had an average total of 0.38 discount and origination points. A year ago, the mortgage index was 5.23 percent. Four weeks ago, it was 5 percent.
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